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Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows /
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2024-07-10 02:03:07

Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows on Nostr: US Dollar strengthens on Powell's cautious stance, New Zealand Dollar awaits rates ...

US Dollar strengthens on Powell's cautious stance, New Zealand Dollar awaits rates decision
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#39bf1ea9 ver:1.68

The US Dollar remains strong as Federal Reserve Chair Jerome Powell expresses caution in his testimony, while the New Zealand Dollar awaits a rates decision. The US Dollar Index stabilizes near 105.00, with the Australian Dollar being the weakest major currency. Gold price defends the $2,350 support, and Litecoin sees a recovery. The market anticipates the release of the June CPI. The decisions of the Federal Reserve impact the US Dollar, and quantitative easing (QE) and quantitative tightening (QT) influence its value. #USD #NZD #Fed #economy #inflation...

#newstr #UsDollar #FederalReserve #JeromePowell #InterestRates #NewZealandDollar

https://here.news/story/39bf1ea9?ver=1.68
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